Marisa Miladinovic
Room: 205 2/24/09
Social Studies
Setting Prices
1. Steve’s Candy Shop is run by 4 people. They will be selling 2.17 oz bags of Skittles to students, teachers, parents, and the general public. Steve’s Candy Shop purchased a box containing 36 bags of Skittles from their supplier. The cost of the entire box was $9.57. Answer the following:
a. For how much should Steve’s Candy Shop sell each bag of Skittles?
b. How did you determine this price?
-List all the factors involved when determining the price of the Skittles.
-Show all math work involved when determining the price of the Skittles.
-How many bags of Skittles will Steve’s Candy Shop have to sell to make a profit?
-How much profit will Steve’s Candy Shop make on each box of Skittles?
a. Steve’s Candy Shop should make 24.26 dollars.
b. I determine this price by adding the oz bags of the skittles and the cost of the entire box of the skittles and that’s how I got that answer.
2.17 + 9.57 = 24.26
2. Mary’s T-Shirt Shop is run by 2 people. They will be selling t-shirts with ironed-on pictures taken from a digital camera. Mary’s T-Shirt Shop purchased plain white t-shirts from their supplier at a cost of $2.00 per t-shirt. In addition, a box of 15 iron-on decals cost $5.00. Mary’s T-shirt Shop must also rent a computer for $5.00 a week, a digital camera for $3.00 a week, and a printer for $1.00 a week.
c. For how much should Mary’s T-Shirt Shop sell each t-shirt?
d. How did you determine this price?
-List all the factors involved when determining the price of a t-shirt.
-Show all math work involved when determining the price of the t-shirt.
-How many t-shirts will Mary’s T-Shirt Shop have to sell in order to make a profit?
c. Mary’s T-shirt Shop would make 16.00 dollars in all
d. I determine this price with all the supplies, and that’s how I got that answer.
2.00 + 5.00 + 5.00 + 3.00 + 1.00 = 16.00
Room: 205 2/24/09
Social Studies
Setting Prices
1. Steve’s Candy Shop is run by 4 people. They will be selling 2.17 oz bags of Skittles to students, teachers, parents, and the general public. Steve’s Candy Shop purchased a box containing 36 bags of Skittles from their supplier. The cost of the entire box was $9.57. Answer the following:
a. For how much should Steve’s Candy Shop sell each bag of Skittles?
b. How did you determine this price?
-List all the factors involved when determining the price of the Skittles.
-Show all math work involved when determining the price of the Skittles.
-How many bags of Skittles will Steve’s Candy Shop have to sell to make a profit?
-How much profit will Steve’s Candy Shop make on each box of Skittles?
a. Steve’s Candy Shop should make 24.26 dollars.
b. I determine this price by adding the oz bags of the skittles and the cost of the entire box of the skittles and that’s how I got that answer.
2.17 + 9.57 = 24.26
2. Mary’s T-Shirt Shop is run by 2 people. They will be selling t-shirts with ironed-on pictures taken from a digital camera. Mary’s T-Shirt Shop purchased plain white t-shirts from their supplier at a cost of $2.00 per t-shirt. In addition, a box of 15 iron-on decals cost $5.00. Mary’s T-shirt Shop must also rent a computer for $5.00 a week, a digital camera for $3.00 a week, and a printer for $1.00 a week.
c. For how much should Mary’s T-Shirt Shop sell each t-shirt?
d. How did you determine this price?
-List all the factors involved when determining the price of a t-shirt.
-Show all math work involved when determining the price of the t-shirt.
-How many t-shirts will Mary’s T-Shirt Shop have to sell in order to make a profit?
c. Mary’s T-shirt Shop would make 16.00 dollars in all
d. I determine this price with all the supplies, and that’s how I got that answer.
2.00 + 5.00 + 5.00 + 3.00 + 1.00 = 16.00